Real estate
Peter Thiel’s luxury New Zealand lodge should be rejected, council planner says
Peter Thiel has properties all over the world but a proposed luxury lodge in New Zealand may not come to fruition. Marco Bello | Getty Images The future of Peter Thiel’s luxury lodge on New Zealand’s South Island hangs in the balance after a senior planner for the local council said the tech billionaire’s development […]
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Greenwich estate owner will accept bitcoin or Ethereum cryptocurrency as payment for $6.5 million property
Main residence at 241 Bedford Rd in Greenwich, CT Anthony Acocella / Modern Angles The Gold Coast of Connecticut soon might become the Crypto Coast if this real estate listing is any indication. The owner of a Greenwich estate is willing to accept cryptocurrency as payment for its $6.5 million asking price, in what an […]
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Home affordability is nearly the worst on record as mortgage rates spike
A “For Sale” sign outside a home in Louisville, Kentucky. Luke Sharrett | Bloomberg | Getty Images Mortgage rates just hit their highest level since 2009, and home prices are continuing to experience double-digit gains. Now, nearly all of the major housing markets in the United States are less affordable than they have been historically, […]
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Trump loses bid to lift contempt charge despite swearing he can’t find subpoenaed documents
Former President Donald Trump looks on before speaking during a tour to an unfinished section of the border wall on June 30, 2021 in Pharr, Texas. Brandon Bell | Getty Images A New York judge Friday denied a request by lawyers for former President Donald Trump to lift a contempt of court finding despite the […]
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Op-ed: The four big threats to China’s economy
William Rhodes and Stuart Mackintosh have identified four distinct but overlapping economic risks for China. Future Publishing | Future Publishing | Getty Images The following commentary is co-authored by William R. Rhodes, CEO of William R. Rhodes Global Advisors, former chairman and CEO of Citibank, and author of “Banker to the World: Leadership Lessons from […]
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Hong Kong residents are flocking to Singapore, snapping up rental homes
Stifled by strict Covid restrictions in Hong Kong, residents from the financial hub are continuing to move to its rival, Singapore. Roslan Rahman | AFP | Getty Images SINGAPORE — After eight years in Hong Kong, Jonathan Benarr is giving up that city for a new set of attractions — in Singapore. “Hong Kong was […]
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Real estate inventory plummets in South Florida, but the luxury markets are hotter than ever
This oceanfront mansion in Highland Beach, FL sold for $40 million breaking a local record for the town. Robert Stevens The supply of luxury homes and condos in South Florida isn’t merely tight. It’s worse than that. “This isn’t just a decline in inventory,” said Jonathan Miller, CEO of Miller Samuel, an appraisal and consulting […]
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‘Trump has willfully disobeyed a lawful order of this court,’ NY judge says as $10,000 per-day contempt fines start
Donald Trump, president and chief executive of Trump Organization Inc. and 2016 Republican presidential candidate, left, awards a $100,000 check to a veterans charity during a campaign event at the Orpheum Theater in Sioux City, Iowa, U.S., on Sunday, Jan. 31, 2016. Luke Sharrett | Bloomberg | Getty Images The check is due now, Mr. […]
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Judge orders Cushman & Wakefield to comply with Trump property subpoenas for NY attorney general probe
Anti-Trump demonstrators gather outside of the New York County Supreme Court in New York City, U.S., April 25, 2022. David Dee Delgado | Reuters A New York judge Monday ordered commercial real-estate services giant Cushman & Wakefield to comply with subpoenas about its appraisals of several Trump Organization properties that are being eyed in a […]
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Swanky vacation rentals across the Middle East look to capitalize on ‘revenge tourism’ trend
Luxury Explorers has properties like Villa Botanica in the exclusive Emirates Hills, often referred to as the “Beverly Hills” of the UAE. Luxury Explorers’ Collection DUBAI, United Arab Emirates — In the Middle East, a new breed of high-end vacation rental firms are scrambling to meet the needs of today’s traveler — who has very different […]
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